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The Lewis Collection Sells for $392.6 Million, Setting a New European Record

The Lewis Collection Sells for $392.6 Million, Setting a New European Record

A Modigliani nude, a rediscovered Magritte, and a Klimt portrait drive one of the most remarkable single-owner sales in auction history

The collection assembled by British billionaire Joe Lewis realised £296.3 million at Sotheby's London on Wednesday, nearly doubling its pre-sale estimate and setting a new European record for a single-owner sale — led by a Modigliani nude at $63.9 million and a long-unseen Magritte that sold for four times its estimate.